The weaponisation of the dollar: policy options for small countries

Julius Sen

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: The decision by the Trump administration to withdraw from the Iran deal and to amplify its sanctions regime against Iran has demonstrated how a relatively unused and untested tool available uniquely to the US: the dollar as a currency, together with the infrastructure of the global payments system, is being weaponised.

JEL-codes: N0 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2019-08
New Economics Papers: this item is included in nep-ara
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